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Analysts Offer Insights on Healthcare Companies: Daré Bioscience (DARE), Legend Biotech (LEGN) and Singular Genomics Systems (OMIC)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Daré Bioscience (DAREResearch Report), Legend Biotech (LEGNResearch Report) and Singular Genomics Systems (OMICResearch Report) with bullish sentiments.

Daré Bioscience (DARE)

H.C. Wainwright analyst Douglas Tsao reiterated a Buy rating on Daré Bioscience today and set a price target of $6.00. The company’s shares closed last Tuesday at $0.32, close to its 52-week low of $0.27.

According to TipRanks.com, Tsao is a 4-star analyst with an average return of 3.9% and a 37.4% success rate. Tsao covers the Healthcare sector, focusing on stocks such as Praxis Precision Medicines, Crinetics Pharmaceuticals, and Protagonist Therapeutics.

Currently, the analyst consensus on Daré Bioscience is a Moderate Buy with an average price target of $4.00, which is an 1190.3% upside from current levels. In a report released yesterday, Brookline Capital Markets also reiterated a Buy rating on the stock with a $3.00 price target.

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Legend Biotech (LEGN)

In a report issued on May 13, Yaron Werber from TD Cowen maintained a Buy rating on Legend Biotech, with a price target of $71.00. The company’s shares closed last Tuesday at $44.38, close to its 52-week low of $42.08.

According to TipRanks.com, Werber is a 5-star analyst with an average return of 16.8% and a 54.7% success rate. Werber covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Springworks Therapeutics, and Ionis Pharmaceuticals.

Currently, the analyst consensus on Legend Biotech is a Strong Buy with an average price target of $85.00, which is a 96.4% upside from current levels. In a report issued on May 13, RBC Capital also maintained a Buy rating on the stock with a $86.00 price target.

Singular Genomics Systems (OMIC)

TD Cowen analyst Daniel Brennan maintained a Buy rating on Singular Genomics Systems yesterday. The company’s shares closed last Tuesday at $0.43, close to its 52-week low of $0.31.

According to TipRanks.com, Brennan is a 4-star analyst with an average return of 7.1% and a 52.7% success rate. Brennan covers the Healthcare sector, focusing on stocks such as Adaptive Biotechnologies, Nautilus Biotechnolgy, and Pacific Biosciences.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Singular Genomics Systems with a $0.50 average price target.

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